El Salvador

Round Trip Transaction Costs - El Salvador Compared to Continent

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Guatemala	16.00%
Venezuela	14.79%
Uruguay	14.00%
Nicaragua	13.00%
Mexico	12.82%
Ecuador	12.25%
Brazil	11.50%
Costa Rica	11.08%
Honduras	10.65%
Colombia	9.60%
El Salvador	9.21%
Panama	8.00%
Paraguay	7.55%
Peru	7.48%
Argentina	6.14%
Chile	6.10%

 

 

El Salvador: Round trip transaction costs (%).

The total cost of buying and then re-selling a residential property, including all costs (except the sale price itself), expressed as percentage of the property value.

Assumptions:

• The property is purchased by a non-resident foreigner in the country where he/she is buying
• The property is worth US$250,000 (€250,000 for Europe)
• The property is paid in cash
• The property is a condominium located in a major city
• The property is not newly-built
• The property is bought from an individual and not a developer or real estate holding company.

Transaction costs can be broken down into four major cost areas:

• Registration costs
• Real estate agent fees
• Legal fees
• Sales and transfer taxes

Other incidental costs (survey fees, residency permit cost, or company setup costs), are not included in our calculations. In most cases value added tax (VAT) is not included, because our figures reflect the purchase of old, not new, properties.

Costs paid by buyers and sellers vary widely. Agents’ and lawyers’ costs are often negotiable. Buyers of expensive properties often pay proportionately lower agents’ fees. For the full spectrum of possible transaction costs see the Country | Buying Guide.

For fuller details see the Data FAQ.

Source: Global Property Guide Research

 

No house price statistics are published in El Salvador. The Centro Nacional de Registros publishes no housing statistics. The Banco Central de Reserva de El Salvador produces good general statistical time-series, which are up to date and nicely displayed. This is an exemplary site for a country of this size. There are also excellent statistics on the financial system and on many other aspects of life in El Salvador at the Superintendencia del Sistema Financiero.